Customer Communication: March 13, 2023
As a community bank, Marquette Savings Bank remains well capitalized and well positioned to continue to serve our customers and community. We were chartered 115 years ago and expect to serve this community for generations to come.
As a community bank customer, you have access to our experienced team, and we stand ready to assist you at all times with any of your questions or concerns.
As a community bank, we take pride in our relationship-based business model focused on building long-term trust with our customers. After all, we live in your community too, and your success is our success.
Marquette's liquidity positions are healthy which includes on-balance sheet liquidity as well as access to liquidity through various available sources, if needed. Known for outstanding credit quality and capital strength, Marquette has consistently demonstrated industry leading metrics exemplifying strong risk management.
Nobody has ever lost a dime of Federal Deposit Insurance Corporation (FDIC) - insured deposits up to $250,000. For those customers who have questions about whether additional insurance coverage is needed, we are ready and prepared to assist you in identifying whether additional insurance coverage is necessary and ensuring your deposit needs are met.
It is important to know the recent bank failures in the news were banks involved in many high risk, high return start up companies which carry a greater risk than the types of lending Marquette does.
If you have questions about your coverage, or would like to learn more about FDIC insurance and how it works, we encourage you to access the following FDIC resources: